Company Seeks to Lease New York Mineral & Pore Rights for Flat $10
A company called Southern Tier CO2 to Clean Energy Solutions, based in Binghamton, NY (where MDN is located), is sending fliers to landowners in Broome, Tioga, and Chemung counties (along the border with Pennsylvania, where there is no doubt large amounts of Marcellus and Utica gas beneath the ground) inviting landowners to sign up for what appears to be an exciting opportunity to sell gas rights. The flier (below) and company website say the company plans to use carbon dioxide (CO2) to (a) store it underground, but also (b) use it to extract natural gas from underground and then (c) either sell the gas via pipeline or burn it to produce electricity. The technology envisioned is an alternative to fracking. Will it work? And, will it be profitable for landowners?
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Last week, MDN brought you the news that the 303-mile Mountain Valley Pipeline (MVP) will not be completely done and online until sometime in the first quarter of 2024 (see 
The Tennessee Valley Authority (TVA) is a federally-owned electric utility corporation in the U.S. TVA’s service area covers all of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small areas of Georgia, North Carolina, and Virginia. TVA is the sixth-largest power supplier and the largest public utility in the U.S. Two years ago, MDN told you that TVA is spending over $1 billion to replace six coal-fired plants with natgas-fired turbines (see 
A few weeks ago, the U.S. Energy Information Administration (EIA) issued its annual International Energy Outlook for 2023. The last time we highlighted this report was in 2021. At that time the EIA (even though controlled by the Bidenistas) predicted that by 2050 the world’s energy supplies will still mostly come from fossil fuels — some 70% from fossil energy, to be exact (see 
MARCELLUS/UTICA REGION: N.Y. climate goals in jeopardy as renewable projects falter; NATIONAL: Kingswood Capital Mgmt acquires Covenant Testing Tech; Chevron boss says oil has changed life on Earth for better; Analysts see gas storage surplus widening as mild autumn weather persists; INTERNATIONAL: Saudi Aramco inks $2.4B natgas plant deal with Hyundai; USA megadeals show fossil fuels here to stay.
This is one of those times where we scratch our heads and say, Huh? Just last week, we brought you the news that American Energy Partners, Inc. (AEPT), based in Allentown, PA, with its fingers in several different pies, including subsidiaries in drilling, remediation, water, and more, is changing its name to American Environmental Partners, Inc. (see 
In June 2015, MDN told you about a cool plan by a Pennsylvania company to establish a CNG (compressed natural gas) terminal in Lycoming County, PA, as a way to get natural gas to manufacturers, fleets, and businesses where no pipeline infrastructure now exists (see 
A dozen residents from Greene County, PA, filed a lawsuit on Monday against the East Dunkard Water Authority and several private companies, including CNX Resources, claiming (among other things) that wastewater from CNX’s fracking work in the Marcellus Shale “tainted the water supply in Dunkard Creek” and that the tainted water has affected the health of those drinking and using it. Just remember, anyone can sue anyone for anything. That doesn’t mean the party being sued is culpable in any way, nor the lawsuit is legitimate.
A long-running lawsuit filed by Big Green groups using (abusing) a small group of uppity Virginia landowners argues the Federal Energy Regulatory Commission (FERC) had no right to delegate authority to Mountain Valley Pipeline (MVP) to use eminent domain to cross land, including the land owned by the small group of uppity landowners in Virginia. Big Green and the uppity landowners filed an emergency request last Tuesday with the D.C. Circuit Court of Appeals, asking that the construction of MVP be stopped while the lawsuit continues to play out (see 
The International Gas Union (IGU), Snam, and Rystad Energy partnered to produce and release the 2023 Global Gas Report (GGR) at last week’s Energy Intelligence Forum in London. The GGR (full copy below) says, rather bluntly, that the unprecedented demand uncertainty and insufficient investment in natural gas, low-carbon, and renewable gases are putting the so-called energy transition at risk, undermining energy affordability, security, and sustainability. The report is meant to be a kick in the seat of the pants, to wake the world up to the fact that we need MORE natural gas, not less.
Not even a full two weeks ago, MDN brought you the news that Exxon Mobil, the #5 oil producer in the Permian Basin, is buying Pioneer Natural Resources, the #1 oil producer in the Permian, in an all-stock deal valued at $59.5 billion, plus assuming $5 billion in debt, for a total deal value of $64.5 billion (see 